758 CIBIL Score

758 CIBIL Score - Is it good or bad?

A 758 CIBIL score is considered excellent in India, reflecting a strong credit history and disciplined financial behaviour. This score increases eligibility for various loans and credit cards, usually on favourable terms. With a score in this range, lenders see you as a low-risk borrower, often extending attractive options and benefits that may not be available to lower scores.

How to improve your 758 CIBIL Score?

Although a 758 CIBIL score is already excellent, maintaining timely payments on all credit obligations will ensure it stays high. Keeping credit utilisation low and periodically checking your CIBIL report for errors will prevent unnecessary deductions. Avoid opening too many new credit accounts, and focus on long-term financial discipline to maintain and possibly increase your score.

How does a 758 CIBIL Score impact interest rates?

With a 758 CIBIL score, you’re likely to access the lowest interest rates available. Lenders consider borrowers with scores above 750 as low risk, which makes them eligible for the most competitive rates and loan terms. A score of 758 often leads to preferential treatment from lenders, with added flexibility on repayment and credit card options.